Mitchell Corwin
Mitchell Corwin
breakup came estate exit higher holding markets offers operations sales stronger trying
They're probably disappointed in the offers that came in and they may be holding out for a higher price. Or they may be trying to do the breakup themselves, exit the underperforming markets through real estate sales and keep the operations in stronger markets.
means process sales
I think that this means that the sales process is not going well.
growth industry relatively remains steady
Walgreen remains on a steady growth path, relatively unabated by industry or competitive threats.
aiming board breakup company concerns current higher limited problem pursue returns risky serious strategy ultimately whether yield
We have no problem with the board aiming for a higher price. However, should the company pursue the limited breakup alone, we have serious concerns about whether that risky strategy will ultimately yield better returns for current shareholders.